Michael Richetelli, President and Designated Broker of Colonial Properties, Inc., is pleased to announce the completion of the following transaction. Fred A. Messore, Senior Vice President, was the sole broker in the sale of 311 Racebrook Road, Orange. The 3,400 SF +/- mixed used building on .45 acres +/- sold for $675,000, and was a real estate only sale. The former tenant, Inner Essence Spa has relocated to 781 Boston Post Road, West Haven. The Buyer, Alfred Building LLC, plans on converting the building to a medical-related use. The Seller, McCarthy Enterprises, LLC was represented by Attorney Vincent N. Amendola, Jr. of West Haven. The Buyer was represented by Attorney Tom Lynch of Lynch, Trembicki and Boynton of Milford.
“This property is truly one-of-a-kind, as it is the only mixed-use building in the town of Orange, and we are very pleased to have sold it twice in the last 15 years!” said Richetelli.
Colonial Properties, Inc., founded in 1978, is a full service Commercial and Residential Real Estate Brokerage, located in Orange, CT. The firm handles all types of real estate transactions including the sale and leasing of retail, industrial, office, investment properties, and residential properties, as well as brokering land and business sales.